524 Palmetto St West Palm Beach, FL 33405
South End Neighborhood
--
Bed
--
Bath
1,632
Sq Ft
7,841
Sq Ft Lot
Highlights
- Wood Flooring
- Ceiling Fan
- Heat Pump System
- Central Air
About This Home
As of December 2024518 and 524 Palmetto St. Turnkey and income producing property in highly desireable Colonial Estates. This investment opportunity includes 2 separate buildings, both fully rented. The first building is a 2 bedroom, 1 bathroom single family home. The second building is a 2 bedroom, 2 bathroom single family home. This investment offers true flexibilty. It can be used as a long term rental property or the location would make a great short term rental property. For a lower down payment, the owner can occupy one of the buildings and realize huge rewards. There are so many possibilities with this inome producing opportunity. Professionally managed and well maintained since the current owners purchased means very little hassle for the new owner(s). Separate laundry area shared by both units.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,445
Year Built
- Built in 1940
Parking
- 6 Parking Spaces
Home Design
- Duplex
- Frame Construction
- Shingle Roof
- Composition Roof
- Aluminum Siding
Interior Spaces
- 1,632 Sq Ft Home
- 1-Story Property
- Ceiling Fan
Flooring
- Wood
- Ceramic Tile
Utilities
- Central Air
- Heat Pump System
- Cable TV Available
Community Details
- 2 Units
- Colonial Estates Subdivision
Listing and Financial Details
- Total Actual Rent $4,250
- Rent includes gardener
- Assessor Parcel Number 74434404040200100
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/24/2025 03/24/25 | Price Changed | $2,350 | -1.1% | $1 / Sq Ft |
| 02/17/2025 02/17/25 | For Rent | $2,375 | 0.0% | -- |
| 12/30/2024 12/30/24 | Sold | $535,000 | -2.7% | $328 / Sq Ft |
| 10/31/2024 10/31/24 | For Sale | $550,000 | 0.0% | $337 / Sq Ft |
| 10/31/2024 10/31/24 | Pending | -- | -- | -- |
| 09/20/2024 09/20/24 | For Sale | $550,000 | 0.0% | $337 / Sq Ft |
| 10/13/2023 10/13/23 | Rented | $2,200 | -4.3% | -- |
| 09/26/2023 09/26/23 | Under Contract | -- | -- | -- |
| 09/06/2023 09/06/23 | Price Changed | $2,300 | -2.1% | $3 / Sq Ft |
| 08/31/2023 08/31/23 | For Rent | $2,350 | +30.6% | -- |
| 09/15/2021 09/15/21 | For Rent | $1,800 | 0.0% | -- |
| 09/15/2021 09/15/21 | Rented | $1,800 | 0.0% | -- |
| 08/18/2021 08/18/21 | Sold | $405,000 | -9.8% | $227 / Sq Ft |
| 07/19/2021 07/19/21 | Pending | -- | -- | -- |
| 05/22/2021 05/22/21 | For Sale | $449,000 | 0.0% | $251 / Sq Ft |
| 01/01/2021 01/01/21 | Rented | $1,700 | 0.0% | -- |
| 12/02/2020 12/02/20 | Under Contract | -- | -- | -- |
| 11/29/2020 11/29/20 | For Rent | $1,700 | 0.0% | -- |
| 11/30/2016 11/30/16 | Sold | $279,000 | 0.0% | $171 / Sq Ft |
| 09/14/2016 09/14/16 | Pending | -- | -- | -- |
| 08/09/2016 08/09/16 | For Sale | $279,000 | -- | $171 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
About the Listing Agent
When it comes to buying and selling your home there is no shortage of Real Estate Agents to choose from. What makes the difference? Depth of services and execution of those services. There is a difference between what one Real Estate Agent will do for you when buying and/or selling a home than what another agent will. You want to find the Real Estate Agent that provides the maximum effective service. I say effective because there is also no shortage of marketing and negotiating techniques that
Joseph's Other Listings
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10462648
APN: 74-43-44-04-04-020-0100
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